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Jan 31, 2013
01/13
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KTVU
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the house passed it and it extends the debt ceiling through may 18th. it requires both the house and senate to approve the budgets or face the loss of their paychecks. >>> salvatore has made some new controversial comments about same sex marriage. in an interview, he said and i am quoting legislating for the rights of the same sex people to mare is like legal -- mary is -- marry is like legalizing male breast-feeding. they used the term gay marriage too much. >>> and former raider harris spoke out and it landed him in jail. dimitri said he is suing harris for 20 - $30,000 in medical bills. guyer reportedly needed surgery after he punched him several times out of side of a -- outside of a restaurant and he reportedly needs surgery. >>> now 26 survivors will head to the super bowl to sing america the beautiful. they will perform before alicia keys sinks the national anthem. >>> wine sales are up and so are final shares. this is up 2% from the year before. they now have all wine sales in the u.s. that gives them relatively stable prices and a wide variety
the house passed it and it extends the debt ceiling through may 18th. it requires both the house and senate to approve the budgets or face the loss of their paychecks. >>> salvatore has made some new controversial comments about same sex marriage. in an interview, he said and i am quoting legislating for the rights of the same sex people to mare is like legal -- mary is -- marry is like legalizing male breast-feeding. they used the term gay marriage too much. >>> and former...
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Feb 1, 2013
02/13
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KTVU
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. >>> president obama is expected to sign legislation to raise the nation's debt ceiling. they passed a bill that exends the ability to borrow new -- extends the ability to borrow new money. the measure suspends the $16.4 trillion debt limit and requires congress to pass is a budget by april. >>> judge in san francisco heard arguments on a motion to throw out the city of oakland's lawsuit. the feds want to sees the property because they say it is in violation of the controlled substances act. the city sued saying it would create a problem for people who need marijuana to treat their medical conditions. the judge did not indicate when she would rule on the motion. >>> this is not your grandfather's world, still ahead. >> get to know them better. >> some children take on police officers on the basketball court. but it wasn't all about hoops. the bigger message game. >>nd how much womber can the temperatures -- warmer can the temperatures get and will it last into your bay area weekend? i am back here in 10 minutes with all the details. hmm, it says here that cheerios helps l
. >>> president obama is expected to sign legislation to raise the nation's debt ceiling. they passed a bill that exends the ability to borrow new -- extends the ability to borrow new money. the measure suspends the $16.4 trillion debt limit and requires congress to pass is a budget by april. >>> judge in san francisco heard arguments on a motion to throw out the city of oakland's lawsuit. the feds want to sees the property because they say it is in violation of the controlled...
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Oct 4, 2013
10/13
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WMAR
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ceiling allowing the government to borrow money to pay the bills. president obama brought his message to rockville where he lashed out at house republicans demanding they vote on a bill to fun the government. no strings attached. >> the speaker of the house john boehner let the bill get on the floor for an up or down vote the shut down would end today. the only thing that is keeping the government shut down. >> republicans voted on reopening parts of the government including national parks and cans are research but cancer research but continue to demand some changes to the health care law before fully reopening the government. senate democrats refuse to take them up insisting the government should be fund all at once. >>> this morning we know the government shut down is impacting the naval academy in annapolis. we told you about this yesterday. 60% of the teachers and civilians all are being furloughed. now the academy made plans in case of the shut down still 20% of the classes have been canceled. if a shut down continues, for more than a week at t
ceiling allowing the government to borrow money to pay the bills. president obama brought his message to rockville where he lashed out at house republicans demanding they vote on a bill to fun the government. no strings attached. >> the speaker of the house john boehner let the bill get on the floor for an up or down vote the shut down would end today. the only thing that is keeping the government shut down. >> republicans voted on reopening parts of the government including...
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Oct 9, 2013
10/13
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WMAR
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will run out of money to pay its bills, unless congress raises the debt ceiling. the partial government shutdown has for more than a week now disrupted various government agencies and programs. and now the fight on capitol hill shifts to the military families and death benefits, all denied because of the standoff. among those impacted, the families of four soldiers killed in afghanistan last weekend, and their not going to receive death benefits or the moneys to pay for their funerals because of of the shutdown. the bodies of the four patriots will arrive at dover air force base later today and their families want to meet the plane and they will have to pay their own way to delaware. senate majority leader harry reed and john mccain talked to their senate colleagues on tuesday saying the action against the grieving families is unacceptable. >> if america could feel the families of the fallen heroes. appalling. frightening. >> shouldn't we be embarrassed about this? shouldn't we be ashamed? >> republicans say the pentagon already has the authority to pay the benefi
will run out of money to pay its bills, unless congress raises the debt ceiling. the partial government shutdown has for more than a week now disrupted various government agencies and programs. and now the fight on capitol hill shifts to the military families and death benefits, all denied because of the standoff. among those impacted, the families of four soldiers killed in afghanistan last weekend, and their not going to receive death benefits or the moneys to pay for their funerals because...
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Oct 8, 2013
10/13
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KRON
tv
eye 164
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if the debt ceiling is not raised appeared >> coming up on kron 4 news the continuing government shut down now threatens the men and women who oversee the nation's nuclear power plants appeared >> and two appearances from stan roberts and the fate of chp still not enough to curb the bad i love having a free checked bag with my united mileageplus explorer card. i've saved $75 in checked bag fees. [ delavane ] priority boarding is really important to us. you can just get on the plane and relax. [ julian ] having a card that doesn't charge you foreign transaction fees saves me a ton of money. [ delavane ] we can go to any country and spend money the way we would in the u.s. when i spend money on this card, i can see brazil in my future. [ anthony ] i use the explorer card to earn miles in order to go visit my family, which means a lot to me. ♪ in order to go visit my family, which means a lot to me. these are the hands a pediatrician. these are pioneering advances in heart surgery. and these are developing groundbreaking treatments for cancer. they're the hands of the nation's top doct
if the debt ceiling is not raised appeared >> coming up on kron 4 news the continuing government shut down now threatens the men and women who oversee the nation's nuclear power plants appeared >> and two appearances from stan roberts and the fate of chp still not enough to curb the bad i love having a free checked bag with my united mileageplus explorer card. i've saved $75 in checked bag fees. [ delavane ] priority boarding is really important to us. you can just get on the plane...
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Jan 15, 2013
01/13
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MSNBCW
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eye 156
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. >>> now to the fight over the debt ceiling. with the government on pace to run out of money by mid-february. yesterday president obama warned republican leaders that raising the nation's borrowing limit was nonnegotiable. he also struck back at members of congress who aim to use the issue as leverage to extract deep spending cuts. >> so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. they even entertained the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith a
. >>> now to the fight over the debt ceiling. with the government on pace to run out of money by mid-february. yesterday president obama warned republican leaders that raising the nation's borrowing limit was nonnegotiable. he also struck back at members of congress who aim to use the issue as leverage to extract deep spending cuts. >> so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress...
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Sep 27, 2013
09/13
by
CSPAN2
tv
eye 91
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i think it's a valuable in the debt ceil tag allow us to have it. but the real debt ceiling that any family, any business, or any government when we get to the point we can no longer find people to lend us money at the rate we pay. as i see the spike going to 38, it puts in the issue quickly. it puts in a position in the event of unplanned catastrophe such as '41 come upon us. >> yes, congressman. that's right. >> we talk in the report about how it sort of run up in debt we're projecting doesn't have a precedent in the history. you noted but they've been under particular circumstance and reversed. and this would be unpress debited. and reduce our ability to project what would happen. the interest rate on the condition. we need that. note that. if we one has a high debt and what hits depression or war. the country would be in a tight box with nothing but poor options. that's why analysts think it's far, far better to take the action that sooner rather than later. >> we have labeled the generation of the 1940 as "the greatest generation." but in my op
i think it's a valuable in the debt ceil tag allow us to have it. but the real debt ceiling that any family, any business, or any government when we get to the point we can no longer find people to lend us money at the rate we pay. as i see the spike going to 38, it puts in the issue quickly. it puts in a position in the event of unplanned catastrophe such as '41 come upon us. >> yes, congressman. that's right. >> we talk in the report about how it sort of run up in debt we're...
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Oct 5, 2013
10/13
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ALJAZAM
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the deadline to raise the debt ceiling is 17 october. if lawmakers do not raise the borrowing limit the government will not have enough money to pay its bills. the federal government has never defaulted. in 2011 the u.s. government credit rating was downgraded below triple a for the first time. >> never before has a party threatened to not pay our bills, except for 2011 - the last time that speaker boehner and some of the same people in the house of representatives thought that it might give them more leverage and negotiations. we can't establish a pattern where one faction of one party that controls one chamber and one branch of government can basically hold its breath and say, "unless we get 100% of our way, we'll let the entire economy collapse, the entire economy shutdown." what i said to them is this - making sure that the united states government pays the bill is non-negotiable. that's what families around the country do. >> economists believe that failure to raise the debt ceiling could hurt the global economy. nicholas is a profe
the deadline to raise the debt ceiling is 17 october. if lawmakers do not raise the borrowing limit the government will not have enough money to pay its bills. the federal government has never defaulted. in 2011 the u.s. government credit rating was downgraded below triple a for the first time. >> never before has a party threatened to not pay our bills, except for 2011 - the last time that speaker boehner and some of the same people in the house of representatives thought that it might...
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Oct 4, 2013
10/13
by
MSNBC
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you say to people, do you agree we should raise the debt ceiling. the perception is i don't want to spend more money, not that we've spent this money, should we honor it. i'm sure if you call people and switch the poll question, we know polling questions determine outcomes and said do you think the united states should honor its obligations? you would have very different poll numbers and the reality is it's being played as don't want to incur more expenses -- the reality is we borrowed this money, we owe it. we'll be on the next countsdown clock by monday. >> that's right. >> still ahead -- >> texans do not want to sit back and watch austin turned into washington, d.c. >>> coming out swinging, wendy davis off and running in her bid to break republican 20-year grip on the governor's mansion. even some democrats admit, she's got a steep hill to climb. >>> just in the past hour, major league baseball responds, a-rod claiming he's the victim of a witch hunt. what mlb is saying to that. building animatronics is all about getting things to work together.
you say to people, do you agree we should raise the debt ceiling. the perception is i don't want to spend more money, not that we've spent this money, should we honor it. i'm sure if you call people and switch the poll question, we know polling questions determine outcomes and said do you think the united states should honor its obligations? you would have very different poll numbers and the reality is it's being played as don't want to incur more expenses -- the reality is we borrowed this...
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Oct 5, 2013
10/13
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FOXNEWSW
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the one that is dire though is the october 17th debt ceiling deadline in which the government would no longer be authorized to print money or make payments. could the u.s. actually default on its debt? if so, what impact would that be? >> we can hope that this remains within just speculation and that our leaders in washington actually lead. the effect as we can speculate would be absolutely catastrophic. we are the largest and most powerful global economy. so for us to default on our debts would have a massive global impact. interest rates would spike. the dollar would plummet. private lending would freeze and stock markets around the globe would really suffer. >> a banking analyst who is well known, default would wipe out bank equity and lending to the private sector would stop. existing loans would be rolled over and would not roll over and immediate payment would be demanding. it would take decades to recover from the depression caused by the default, decades. >> we can only hope this remains speculative. it has never happened. again hopefully it won't. and to put a more personal sp
the one that is dire though is the october 17th debt ceiling deadline in which the government would no longer be authorized to print money or make payments. could the u.s. actually default on its debt? if so, what impact would that be? >> we can hope that this remains within just speculation and that our leaders in washington actually lead. the effect as we can speculate would be absolutely catastrophic. we are the largest and most powerful global economy. so for us to default on our...
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Jul 6, 2013
07/13
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CSPAN
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that -- the whole debt ceiling debacle that we went through, painful as it was, it was a call for that. the sequester. of say it's a silly way doing it. tough to disagree with that. the tax increase that didn't it was t the end oh year, anemic by business standards in terms of what inuld be done and ridiculous terms of process, it did take another step. it here's a kind of a -- doesn't happen the way we like it to in the business community. but it is happening. of the reasons why we can't let up. and this is where the business a big role.n play right now people are down there we don't seem to be hearing about it. the business community doesn't seem to be speaking up the way used to. $608 billion. to we're doing well now. we need to keep speaking up. ecause they had to feel the intense tip and they had to feel relentlessly. >> and dave camp said in your head of the e head of the the house ways and means committee. forget about taxes. it's not going to happen. you heard the same thing on the side as well. the positions on both sides, raising revenue to consulting spending. you're saying
that -- the whole debt ceiling debacle that we went through, painful as it was, it was a call for that. the sequester. of say it's a silly way doing it. tough to disagree with that. the tax increase that didn't it was t the end oh year, anemic by business standards in terms of what inuld be done and ridiculous terms of process, it did take another step. it here's a kind of a -- doesn't happen the way we like it to in the business community. but it is happening. of the reasons why we can't let...
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Oct 7, 2013
10/13
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KPIX
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. >> reporter: but it's day 6 of the government shutdown with a debt ceiling looming. and talk of raising the debt ceiling is raising concerns more than ever. >> you said it allows to borrow money needed to pay our bills. what's wrong with that statement!! if we have to borrow money to pay our bills we're in over our head and we don't get in further and further and further by borrowing more and more and more. [ applause ] >> we're putting -- >> reporter: swalwell offers a short-term fix to get the lights back on. >> let's just pass a budget even if it's for 45 days. let's get folks back to work. let's keep the government open. >> reporter: as it stands now, 2.1 million federal employees are forced to work without pay. that includes secret service who stand guard and protect our nation's capital. like the secret service agent who was airlifted to a hospital after a woman tried to ram her car through security barricades. his paycheck is on hold. one thing that drew a round of applause at today's town hall when the congressman said he is refusing his paycheck until federa
. >> reporter: but it's day 6 of the government shutdown with a debt ceiling looming. and talk of raising the debt ceiling is raising concerns more than ever. >> you said it allows to borrow money needed to pay our bills. what's wrong with that statement!! if we have to borrow money to pay our bills we're in over our head and we don't get in further and further and further by borrowing more and more and more. [ applause ] >> we're putting -- >> reporter: swalwell offers...
WHUT (Howard University Television)
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Oct 2, 2013
10/13
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WHUT
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faces in october 17 deadline to extend the debt ceiling. the federal government will run out of money to pay off its debt and less lawmakers raise the nation's borrowing limit. republicans have also threatened to push for an obamacare repeal in the debt ceiling debate. in a bid to focus on the congressional impasse, president obama has canceled stops in malaysia and the philippines as part of his upcoming trip to asia. beenng prisoner has released in louisiana after serving nearly 42 years in solitary confinement, longer than any other prisoner in the u.s. herman wallace and two others, known as the angola 3, were placed in solitary confinement in 1972 following their conviction for murdering a prison guard. the angola 3 under supporters say they were framed for their political activism as members of one of the first prison chapters of the black panther party. and his prize development, herman wallace was released from prison tuesday after a federal judge overturned his conviction saying he did not receive a fair trial. herman wallace is ne
faces in october 17 deadline to extend the debt ceiling. the federal government will run out of money to pay off its debt and less lawmakers raise the nation's borrowing limit. republicans have also threatened to push for an obamacare repeal in the debt ceiling debate. in a bid to focus on the congressional impasse, president obama has canceled stops in malaysia and the philippines as part of his upcoming trip to asia. beenng prisoner has released in louisiana after serving nearly 42 years in...
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Jan 19, 2013
01/13
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FOXNEWS
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eye 100
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effectively raising the debt ceiling. the deal not all worked out just yet. but apparently it this will not require the spending cuts that house republicans had wanted. just released fox news poll finds that 69% favor raising the debt limit only if there are major spending cuts involved. and 23% say it's reckless not to raise it regardless. the poll also shows more than 8 in 10 think government spending is out of control. only 11% believes it's being managed carefully. mike immanuel tracking developments on the hill tonight. what's behind this house republican plan. >> bill, a lot of g.o.p. frustration has been based on the fact the senate has not passed a budget. so republicans are trying to force it house speaker john boehner told house members, quote: before there is any long-term debt alowe time for a budget to get done. >> he our hope is to pass something very early so the senate can take action as well. i wouldn't put any jeopardizing of the economy there. shows that it is a very rational, put us on a better path an
effectively raising the debt ceiling. the deal not all worked out just yet. but apparently it this will not require the spending cuts that house republicans had wanted. just released fox news poll finds that 69% favor raising the debt limit only if there are major spending cuts involved. and 23% say it's reckless not to raise it regardless. the poll also shows more than 8 in 10 think government spending is out of control. only 11% believes it's being managed carefully. mike immanuel tracking...
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Sep 21, 2013
09/13
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CSPAN2
tv
eye 48
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this is usually done with a simple routine vote to raise what is called the debt ceiling. if you don't raise the debt ceiling america can't pay its bills. since the 1950s congress has always passed it. every president has signed it. democrats, republicans, ronald reagan. lyndon johnson. it doesn't matter. this is just a routine thing that you've got to do so treasury can pay the bills. if congress doesn't pass this debt ceiling in the next few weeks, to the united states will default on its obligations. that has never happened in american history. basically america becomes a deadbeat. if the world sees america not paying its bills, then they will not buy debt combat treasury bills bills from the united states or if they do they won't do it at much higher interest rates. that means somebody wants to buy an f-150 will have to pay much higher interest rates eventually which means that you will sell less cars. that's just one example of how profoundly destructive this could be. this is not some abstract thing. this is important. raising the debt ceiling is not the same as appr
this is usually done with a simple routine vote to raise what is called the debt ceiling. if you don't raise the debt ceiling america can't pay its bills. since the 1950s congress has always passed it. every president has signed it. democrats, republicans, ronald reagan. lyndon johnson. it doesn't matter. this is just a routine thing that you've got to do so treasury can pay the bills. if congress doesn't pass this debt ceiling in the next few weeks, to the united states will default on its...
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443
Jan 31, 2013
01/13
by
KTVU
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eye 443
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the house passed a bill that extends the debt ceiling through may 18th. the legislation also requires both the house and the san jose to approve budgets by april 15th or face the loss of their paychecks. >>> the government of zimbabwe says it has own $217 left in the national treasury. this is after paying public workers last week. the government says it will ask the international community for financial assistance. opposition parties accuse the government of misusing hundreds of millions of dollars in revenue from the country's diamond sales. >>> new this morning, syria and iran are threatening to retaliate against israel for a rare israeli air strike inside syria. u.s. officials say israel is targeting a weapons convoy when it launched the air strike. the convey was believed to be the anti-weapons headed to hezbollah militants. the concern, that would allow the militant to shoot down israeli airplanes. syria said the israeli air strikes hit a military research facility. >>> "the new york times" now revealing for the last four months its computer system
the house passed a bill that extends the debt ceiling through may 18th. the legislation also requires both the house and the san jose to approve budgets by april 15th or face the loss of their paychecks. >>> the government of zimbabwe says it has own $217 left in the national treasury. this is after paying public workers last week. the government says it will ask the international community for financial assistance. opposition parties accuse the government of misusing hundreds of...
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Oct 7, 2013
10/13
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KTVU
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eye 147
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the country will run out of money in ten daps if the debt ceiling is -- days if the debt ceiling is not raised. john boehner said they won't pass it unless the president is willing to negotiate long-term deficit cuts or reform to the benefits. >> i told the president, we're not gonna pass it when the votes are not in the house with a clean debt limit. >> so far neither side appears willing to budge. >>> fleet week in san francisco was supposed to begin today but there's not much planned anymore. the airshow and navy parade of ships were canceled because of the sequestration. disaster response drills set to begin have been canceled due to the government shutdown. a veterans art exhibit is scheduled tomorrow and pier 39 will have fireworks every saturday this month to try to help make up for the cancellations. >>> the city of san francisco held its latest homeless connect event focusing on the lgbt community. the health department and volunteers put on the event as the lg -- at the lgbt center on market street. people could get information about help, housing and other assistance. organiz
the country will run out of money in ten daps if the debt ceiling is -- days if the debt ceiling is not raised. john boehner said they won't pass it unless the president is willing to negotiate long-term deficit cuts or reform to the benefits. >> i told the president, we're not gonna pass it when the votes are not in the house with a clean debt limit. >> so far neither side appears willing to budge. >>> fleet week in san francisco was supposed to begin today but there's not...
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Oct 7, 2013
10/13
by
KPIX
tv
eye 91
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. >> it is day 6 of the government shutdown with a debt ceiling looming. and talk of raising the debt ceiling is raising concerns more than ever. >> you said the first day, it allows to borrow money needed to pay our bills. what is wrong with that statement? if we have to borrow money to pay our bills we are in over our head. we don't get in further and further and further. like borrowing more and more and more and more. [ applause ] >> we are putting it ... >> reporter: he offers a short term pick. >> pass a bundleet for 45 days, pass t get folks back to work, let's keep the government open. >> reporter: as it stands now, 2.1 million federal employees are forced to work without pay. that includes secret service who stand guard and protect our nation's capitol. like the secret service agent that was airlifted to a hospital after a woman tried to ram her car through security barricades. his paycheck is on hold. one thing drew a round of a phraudz at today's town hall is when the congressman says he is refusing his paycheck until federal employees are paid.
. >> it is day 6 of the government shutdown with a debt ceiling looming. and talk of raising the debt ceiling is raising concerns more than ever. >> you said the first day, it allows to borrow money needed to pay our bills. what is wrong with that statement? if we have to borrow money to pay our bills we are in over our head. we don't get in further and further and further. like borrowing more and more and more and more. [ applause ] >> we are putting it ... >> reporter:...
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202
Feb 1, 2013
02/13
by
KRON
tv
eye 202
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in exchange for temporarily suspending the debt ceiling debate. the bill requires lawmakers in both chambers of congress, to pass a budget by mid-april. or have their pay withheld. the measure now advances to president obama's desk to be signed into law. >> the next time a child is abducted near you, your cell phone may shriek to life with an alert message. a new national amber alert system officially rolled out to millions of cell phones. the alerts are automatically active on most newer phones. and they've already taken tens of thousands of people by surprise. the newly-expanded emergency alert system is one way fema is trying to update how it reaches people with new technology. >> today marks the 10th anniversary of the space shuttle columbia disaster, which killed all seven crew members. following the disaster, nasa re-named a weather balloon launch facility to honor those on the shuttle. with the large amount of debris that fell nearby, the facility became a makeshift collection site. today the balloon facility is one of 62 launch sites in th
in exchange for temporarily suspending the debt ceiling debate. the bill requires lawmakers in both chambers of congress, to pass a budget by mid-april. or have their pay withheld. the measure now advances to president obama's desk to be signed into law. >> the next time a child is abducted near you, your cell phone may shriek to life with an alert message. a new national amber alert system officially rolled out to millions of cell phones. the alerts are automatically active on most newer...
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51
Oct 16, 2013
10/13
by
CSPAN2
tv
eye 51
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now at all the potential consequences of not raising the debt ceiling and done. if congress does not act within days, interest rates will go up, resulting in the likelihood of small businesses being less able to borrow money and at higher costs. investment values will come down. confidence will be severely shaken. and a nationwide uncertainty resulting from any short-term kick the can down the road and non-legislation will be devastating. consumer confidence already shaken will dramatically fall. at eagle bank we have let our customers and the local kindred at large know we will work to help them in this short term cash flow needs, but every customer we work with it doesn't make a loan payment timely results in us having less cash to lend to our other customers. as interest rates rise because of concerns over the stability of the united states, the valley of our investment portfolio and, therefore, our ability to borrow to fund loans goes down. it is our hope for the sake of small businesses and the workers nationwide, the few of the nation's economy, that congre
now at all the potential consequences of not raising the debt ceiling and done. if congress does not act within days, interest rates will go up, resulting in the likelihood of small businesses being less able to borrow money and at higher costs. investment values will come down. confidence will be severely shaken. and a nationwide uncertainty resulting from any short-term kick the can down the road and non-legislation will be devastating. consumer confidence already shaken will dramatically...
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ceiling, allowing the government to borrow more money. if that doesn't happen by october 17th, on top of being shut down, the u.s. government would face its first-ever default, with catastrophic economic consequences. how real is the danger that the country may default? >> i think that it looks like these people are headed where they want to go. >> reporter: shortly before the meeting, president obama suggested unreasonable republican demands have left him at wit's end. >> am i exasperated? absolutely i'm exasperated because this is entirely unnecessary. >> reporter: speaker of the house john boehner tried to revive the idea of a so-called grand bargain. a big budget deal on taxes and spending to reduce the deficit. but the president's answer was firm. no negotiations on anything until congress reopens the government and removes that threat of default. >> jon, it seems like more and more people are resigned to the idea that the stalemate is going to continue. maybe the full two weeks until we hit the deadline on default. >> reporter: that
ceiling, allowing the government to borrow more money. if that doesn't happen by october 17th, on top of being shut down, the u.s. government would face its first-ever default, with catastrophic economic consequences. how real is the danger that the country may default? >> i think that it looks like these people are headed where they want to go. >> reporter: shortly before the meeting, president obama suggested unreasonable republican demands have left him at wit's end. >> am...
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42
Sep 25, 2013
09/13
by
KNTV
tv
eye 42
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debt ceiling and worries about the market having peaked and worries on wall street. seema mody is live at cnbc world headquarters. good morning. >> good morning. that continues to be a big market mover. we are seeing futures mixed after stocks fell for a fourth straight day on tuesday. a drop in consumer confidence and worries about a fight overshadowing a rise in home prices as well as easing concerns about the middle east. we get data out on demand for big ticket durable goods and new home sales. the dow falling 66 points. the nasdaq edging up 63. fueled by some internet stocks that have been on fire. >>> 5:13. i'm sure mike will remind you. howard at third street closed again today for oracle open world. it has caused a shortage of hotel rooms in san francisco. you have open world and the unexpectedly long america's cup. larry ellison blew off his own keynote at the conference to attend the sailing competition. i was reading and struck by this. oracle open world is so big, the population of san francisco rose by 7%. >> no kidding. >> i had no idea it was that big
debt ceiling and worries about the market having peaked and worries on wall street. seema mody is live at cnbc world headquarters. good morning. >> good morning. that continues to be a big market mover. we are seeing futures mixed after stocks fell for a fourth straight day on tuesday. a drop in consumer confidence and worries about a fight overshadowing a rise in home prices as well as easing concerns about the middle east. we get data out on demand for big ticket durable goods and new...
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Jan 12, 2013
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ceiling. >>> some bloggers are online and they believe they have the answer to the nation's debt ceiling crisis that the treasury should simply mean a $1 trillion platinum coin. keep it in reserve, then use the money to pay bills. others say it is not realistic as far as being approached to the solution. you may have seen her and her sister marianne around becoming local staples after moving to the bay area from michigan more than four decades ago. they are unmistakable. that's after they fell ill in july. vivian brown would have turned 86 later this month. >>> and brushing your pet's teeth may seem like a difficult task. up next why it is important, much more important than what you think. >>> a surprise for the fast food drivers. no driver to be found. we'll be right back. >>> we've got a forecast that will bring a chill to your heart and to have everything else quite frankly with a freeze warning that will be posted to the bay area. it will be cold this morning and cold tonight. but the daytime, before you get a beautiful saturday. we'll have the forecast for you after we pay some imp
ceiling. >>> some bloggers are online and they believe they have the answer to the nation's debt ceiling crisis that the treasury should simply mean a $1 trillion platinum coin. keep it in reserve, then use the money to pay bills. others say it is not realistic as far as being approached to the solution. you may have seen her and her sister marianne around becoming local staples after moving to the bay area from michigan more than four decades ago. they are unmistakable. that's after...
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Oct 16, 2013
10/13
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ceiling. the treasury department has said it will run out of money to pay the bills tomorrow, which would put the country into default on its loans. >>> and starting tomorrow, most workers at the lawrence livermore lab are being furloughed because of the government shutdown. that impacts the last 6000 employees and also the shops and restaurants in the area. the owner of a nearby italian restaurant says he's already seen his business drop this week. >> at least 30 or 40% less than usual. >> 30 or 40% less of your business at lunch, at dinner? >> all day, lunch and dinner. >> east bay congressman eric swallowell met with lab employees on monday. seworking to guarantee back pay to the furloughed employees and asking the lab's credit crun unions to offer interest-free loans to get them through the shutdown. >>> no restrictions on robo calls are set to take effect today. the federal communications commission is regarding telemarketers to have written consent before placing an automated call. the f
ceiling. the treasury department has said it will run out of money to pay the bills tomorrow, which would put the country into default on its loans. >>> and starting tomorrow, most workers at the lawrence livermore lab are being furloughed because of the government shutdown. that impacts the last 6000 employees and also the shops and restaurants in the area. the owner of a nearby italian restaurant says he's already seen his business drop this week. >> at least 30 or 40% less...
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Oct 15, 2013
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and raising the debt ceiling, when is enough enough? i mean, $40 trillion in debt, $50 trillions? how much more money does obama need? for our government to spend? and that one caller about taking care of society, our government has a lot of things that take care of society. not only government but churches and all kinds of organizations. but i don't understand how you can keep raising the debt limit , we're $16 trillion, $17 in debt now, i guess my question to anybody, including the senators, when's enough enough? don't they have an idea that $40 trillion might destroy the united states? >> ok. bud, thanks for the call. meanwhile, trish malloy has this, #cspanchat saying thank you to #cspanchat. you're the only one honoring the core of this country. let's more from joe and jane public. annapolis, maryland, independent's line, good afternoon. caller: hi. if enough members of congress don't like the affordable care act, they should draft a bill and get it passed. this one has passed. the president ran defending it. he won. and i've worke
and raising the debt ceiling, when is enough enough? i mean, $40 trillion in debt, $50 trillions? how much more money does obama need? for our government to spend? and that one caller about taking care of society, our government has a lot of things that take care of society. not only government but churches and all kinds of organizations. but i don't understand how you can keep raising the debt limit , we're $16 trillion, $17 in debt now, i guess my question to anybody, including the senators,...
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will run out of money to pay its bills unless congress raises the so-called debt ceiling. the markets are already shocked. the dow down 900 points over the past three weeks. there's fear interest rates on new mortgages and car loans will skyrocket. >> warren buffett likened default to a nuclear bomb. a weapon too horrible to use. >> reporter: among those being hurt by the government shutdown, america's heroes and their families. the v.a. has furloughed thousands of workers and military death benefits have been put on hold. the government sends military families a $100,000 check when a loved one dies. but since the start of the shutdown, no payments have been made. >> i say to those families, your government has let you down in a time of your need. there's no excuse for this. >> reporter: thankfully a private foundation has stepped forward to provide the families with an advanced grant until the government funding resuming. ta mad bradley, abc news, washington. >>> breaking news involving interstate 80 and the sig alert. key onramp closed now after a chp chase that resulted
will run out of money to pay its bills unless congress raises the so-called debt ceiling. the markets are already shocked. the dow down 900 points over the past three weeks. there's fear interest rates on new mortgages and car loans will skyrocket. >> warren buffett likened default to a nuclear bomb. a weapon too horrible to use. >> reporter: among those being hurt by the government shutdown, america's heroes and their families. the v.a. has furloughed thousands of workers and...
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Jan 23, 2013
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on capitol hill this morning the house expected to be voting within the hour on raising the debt ceiling. at issue here is whether the federal government should be allowed to borrow more money to pay off its debt. tracie potts is live on capitol hill this morning with all the latest details. good morning. >> good morning, john. two parts of the vote today. first of all, raising the debt ceiling. allowing the country to borrow more to pay off the debt that we have already incurred. something president obama was pushing more. conservative republicans wanted to see cuts first. now the republican leadership said we won't link the two. we'll raise the debt ceiling until the middle of may. however there is a catch. they want to ensure that a budget is in place. a spending plan for the country. so the vote also says if lawmakers on either said don't pass a budget by april 15 -- tax day for everyone else -- they would lose their income. no paychecks until they have a budget. that's where we are now. that's the crux of the vote coming up today. the white house says the president will sign the bil
on capitol hill this morning the house expected to be voting within the hour on raising the debt ceiling. at issue here is whether the federal government should be allowed to borrow more money to pay off its debt. tracie potts is live on capitol hill this morning with all the latest details. good morning. >> good morning, john. two parts of the vote today. first of all, raising the debt ceiling. allowing the country to borrow more to pay off the debt that we have already incurred....
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Sep 1, 2013
09/13
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lifting that debt ceiling because congress, of course, is spending more money than it's taking in. that happens almost every year. and a number of republicans in congress don't want to lift the debt ceiling unless they get some kind of a deal that imposed even more draconian cuts in spending. the question is do you lift that or not? and finally, the whole question of the federal budget in itself. congress thus far this year has passed precious few bills. the slowest congress in memory. there are all these spending bills that have been stacked up wa like planes waiting to leave the airport, if you will, and the question is will they pass the budget by october 1st or will it be yet another what we call continuing resolution? all three of these come together. republicans would like to manage them as a package. the president and democrats would like to handle them one at a time so nobody has too much lingage or pressure on the other. >> of course, there's the immigration issue as well. quickly, do you think congress is going to act on that? it seems almost as if everybody wanted to do
lifting that debt ceiling because congress, of course, is spending more money than it's taking in. that happens almost every year. and a number of republicans in congress don't want to lift the debt ceiling unless they get some kind of a deal that imposed even more draconian cuts in spending. the question is do you lift that or not? and finally, the whole question of the federal budget in itself. congress thus far this year has passed precious few bills. the slowest congress in memory. there...
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Oct 15, 2013
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. >> now to the government shutdown and looming debt ceiling standoff. there is new hope washington may avoid hitting the debt ceiling in two days. the deals in the works to keep the government running and allow to the borrow money in january in exchange for delaying a tax on medical devices. nothing sin stone. any deal has to be approved by the republican-led house. if agreement cannot be reached by thursday the u.s. government would default on its loan obligations for the first time in history. >>> a deal to end the shutdown is not coming soon enough for lab employees. employees at the lab will begin shutdown operations. the lab is one of the country's leading research centers in nuclear and computer science, more than 6,000 people work there making it the second largest employer in alameda county behind uc-berkeley. most of the lab will be closed about by end of day tomorrow. >> the government may be shut down but it's still tax day for the more than 12 million americans who requested a tax extension in april. as of last week many had yet to file. you
. >> now to the government shutdown and looming debt ceiling standoff. there is new hope washington may avoid hitting the debt ceiling in two days. the deals in the works to keep the government running and allow to the borrow money in january in exchange for delaying a tax on medical devices. nothing sin stone. any deal has to be approved by the republican-led house. if agreement cannot be reached by thursday the u.s. government would default on its loan obligations for the first time in...
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Oct 9, 2013
10/13
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and without a hike in the debt ceiling, there will be no money to pay them. >> catherine: authority say that there is still showing kicking and hitting the s u b. they are not pointing pinpoint the part of the video where it happened. it ended in a brutal built improved seating at least one other officer is being investigated that could also be charged. meanwhile the wife of one of the driver said she would have reacted differently. i think i would have stopped and tried to get the information for the insurance derrick why would i think that they're all out to get me. i had someone actual odyssey the people run them are worried about this person. >> catherine: peas are photos of the s u b been told away by police. five bikers have not been charged in the case. including the detective. one of the other bikers were scouring to date and on charges including assault. a woman in oklahoma is >> catherine: fighting to keep her arm - after being mauled by a tiger over the weekend. the animal park where she works is being reviewed for its safety practices. but managers still insist they've done
and without a hike in the debt ceiling, there will be no money to pay them. >> catherine: authority say that there is still showing kicking and hitting the s u b. they are not pointing pinpoint the part of the video where it happened. it ended in a brutal built improved seating at least one other officer is being investigated that could also be charged. meanwhile the wife of one of the driver said she would have reacted differently. i think i would have stopped and tried to get the...
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Oct 13, 2013
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. >> the debt ceiling dilemma. what happens to the markets and your money tomorrow if no deal is struck? we'll ask someone with inside perspective. >>> a tale of terror and surviv survival. the new book by elizabeth smart on how she coped with the most difficult moments of his
. >> the debt ceiling dilemma. what happens to the markets and your money tomorrow if no deal is struck? we'll ask someone with inside perspective. >>> a tale of terror and surviv survival. the new book by elizabeth smart on how she coped with the most difficult moments of his
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Oct 16, 2013
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. >> look at tonight's money matters wall straight loses confidence in washington debt ceiling talks. the nasdaq is where most high profile stocks are traded. twitter expected to go public in the next few weeks. marisa mayer co-ampk yord a newscast presentation of yahoo's earning reports today. spending has risen 18%, yahoo ad revenues have fallen. mayer pleaded for patience noting yahoo's stock price has soared since they took over. apple likely to introu dus a line up of ipads next week. and today announced a media event sending out invitation that's read we have more to cover. >> that is a good comment. >> neighborhood campaign against a school pro jeekt where one community fighting to keep a charter school out. ron: i'm sorry, who are you? lu jc: i'm your coworker! c'mon guys. i'm driving. hey, you guys comfortable? it's best-in-class rear legroom. and with a turbo engine that gets 35 highway m-p-g. you know j.d. power ranked passat the most appealing midsize car two years in a row? i bet, uh, dan here wishes somebody found him most appealing two years in a row. ron: it's ron jc:
. >> look at tonight's money matters wall straight loses confidence in washington debt ceiling talks. the nasdaq is where most high profile stocks are traded. twitter expected to go public in the next few weeks. marisa mayer co-ampk yord a newscast presentation of yahoo's earning reports today. spending has risen 18%, yahoo ad revenues have fallen. mayer pleaded for patience noting yahoo's stock price has soared since they took over. apple likely to introu dus a line up of ipads next...
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Sep 19, 2013
09/13
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. >> also on the horizon is a showdown over the debt ceiling. the house is expected to take up the issue over how much money the government can borrow next week. >>> still ahead at noon, the art of line skipping. and how it's turning into a booming business with the release of the new iphone. >> beaten, broken and left for dead. the rough rescue and the recovery of a pit bull. >> hi, i'm meteorologist lawrence karnow in the kpix 5 weather center. sunny and bright around the bay area now. some warm temperatures too, but by tomorrow, could we actually see some rain? we'll talk about it coming up. >> reporter: will today be the last day of america's cup or will the winds once again play key factor in the postponement of the race? mobile weather is here with the details as the news continues on kpix 5. ,, [ maragno ] if the car was invented today, it would run on the most affordable energy source available. it would charge overnight. every morning, you'd wake up with a full tank, ready to go. if the car was invented today, it would be the 100% elect
. >> also on the horizon is a showdown over the debt ceiling. the house is expected to take up the issue over how much money the government can borrow next week. >>> still ahead at noon, the art of line skipping. and how it's turning into a booming business with the release of the new iphone. >> beaten, broken and left for dead. the rough rescue and the recovery of a pit bull. >> hi, i'm meteorologist lawrence karnow in the kpix 5 weather center. sunny and bright...
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Oct 16, 2013
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. >> look at tonight's money matters wall straight loses confidence in washington debt ceiling talks. the nasdaq is where most high profile stocks are traded. twitter expected to go public in the next few weeks. marisa mayer co-ampk yord a newscast presentation of yahoo's earning reports today. spending has risen 18%, yahoo ad revenues have fallen. mayer pleaded for patience noting yahoo's stock price has soared since they took over. apple likely to introu dus a line up of ipads next week. and today announced a media event sending out invitation that's read we have more to cover. >> that is a good comment. >> neighborhood campaign against a school pro jeekt where one community fighting to keep a charter school out. ♪ ♪ looks like you started to make something. ♪ oh, a green! ♪ ♪ [ female announcer ] cheerios. with flavors your heart will love. >>> sky 7 live over a bus crash on interstate 680. riders have been injured. vta, 180 line bus headed south in milpitas when i crashed. >> no word who is at fau. we know four people have been taken to the hospital. we do not know how s
. >> look at tonight's money matters wall straight loses confidence in washington debt ceiling talks. the nasdaq is where most high profile stocks are traded. twitter expected to go public in the next few weeks. marisa mayer co-ampk yord a newscast presentation of yahoo's earning reports today. spending has risen 18%, yahoo ad revenues have fallen. mayer pleaded for patience noting yahoo's stock price has soared since they took over. apple likely to introu dus a line up of ipads next...
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Jan 14, 2013
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. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. and we are not a deadbeat nation. >> reporter: without a deal, the government could run out of money to pay its bills by late february or early march. but republican leaders are demanding significant spending cuts in exchange for any agreement to raise the debt ceiling. in a statement, senate minority leader mitch mcconnell says the debted limit is the time to get on reducing spending. gun control is also an issue. >> responsible gun owners, people who have a gun for protection, for hunting, for sportsmanship, uhm, they don't have anything to worry about. >> reporter: the national rifle association has already made clear, it has enough support in congress to block legislation that restricts gun ownership. >> i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> reporter: moderate lawmakers say there is a better chance of passing laws that limit the number of bull
. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. and we are not a deadbeat nation. >> reporter: without a deal, the government could run out of money to pay its bills by late february or early march. but republican leaders are demanding significant spending cuts in exchange for any agreement to raise the debt ceiling. in a statement, senate minority leader mitch mcconnell says the debted limit is the time to get...
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Oct 7, 2013
10/13
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ceiling. wall street watching the calendar nervously. >> good morning to you. yeah, it was a rough time on wall street on friday. we're having another one today as they worry about not just the government shutting down but far more importantly whether or not we are going to raise the debt ceiling. looks like we've got about ten more days worth of money to run the government. washington over the weekend admitted for the first time its new healthcare.gov website wasn't performing well. millions of people in 36 states tried to use the site all at the same time. that sounds like a lot, but really it's a fraction of the traffic facebook deals with in the middle of the night. they talked about it on "saturday night live." here's weekend update's take on it. >> the obama care website, which had technical issues all week because of too much web traffic. you can't campaign on the fact that millions don't have health care and then be surprised that millions don't have health care. how could you not be r
ceiling. wall street watching the calendar nervously. >> good morning to you. yeah, it was a rough time on wall street on friday. we're having another one today as they worry about not just the government shutting down but far more importantly whether or not we are going to raise the debt ceiling. looks like we've got about ten more days worth of money to run the government. washington over the weekend admitted for the first time its new healthcare.gov website wasn't performing well....
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cuts. >> we can't raise the debt ceiling without doing something about what's driving us to borrow more money and live beyond our means. >> the treasury department said it will run out of money to pay its bills on october 17th. >> susan mcginnis, wjz eyewitness news. >> this morning the international monetary fund is warning if the u.s. defaults on its loans it will push this country back into a recession and hurt the global economy. >>> a sex trafficking case stretching from rhode island to maryland has been busted up. mike schuh is live with details. good morning, mike. >> reporter: good morning. three people have been air force arrested in two separate cases just a day apart. >> craig anderson behind bars after a 24-year-old woman said he held her captive for years and forced h her to have sex for money. >> she's actually been forced to be a prostitute for the last 2 years working for the same suspect. >> the woman who had been beaten went to a carroll county fire station for help. just a day before another woman called howard county police with a similar story. she claims 29-year-ol
cuts. >> we can't raise the debt ceiling without doing something about what's driving us to borrow more money and live beyond our means. >> the treasury department said it will run out of money to pay its bills on october 17th. >> susan mcginnis, wjz eyewitness news. >> this morning the international monetary fund is warning if the u.s. defaults on its loans it will push this country back into a recession and hurt the global economy. >>> a sex trafficking case...
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Oct 11, 2013
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hits the debt ceiling without a resolution americans could lose trillions in retirement savings. hampton pierson is live at cnbc world bureau with the new details. always a pleasure to see you, my man. >> hey, jon, how you doing. not the greatest news to talk about. a study warning if the white house and congress fail to reach a deal to raise the debt ceiling it could cut americans' retirement savings more than 20%. the american society of pension professionals and actuaries say 2 trillion could be lost. the group conducted the study to determine the economic impact of the debt ceiling debate in 2011 and the implications for another standoff this year. meanwhile, futures point to a flat open after stocks spiked big time on thursday on hopes of a deal to end the shutdown and avert a debt fee fault might be close. the dow, nasdaq and s&p 500 posting their second best gains of the year erasing the week's losses. we get data on consumer sentiment and earning from jpmorgan and wells fargo. the dow soaring to 323 points to close at 15,126. the nasdaq rising 83 to close at 3760, a jury
hits the debt ceiling without a resolution americans could lose trillions in retirement savings. hampton pierson is live at cnbc world bureau with the new details. always a pleasure to see you, my man. >> hey, jon, how you doing. not the greatest news to talk about. a study warning if the white house and congress fail to reach a deal to raise the debt ceiling it could cut americans' retirement savings more than 20%. the american society of pension professionals and actuaries say 2...
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Oct 15, 2013
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ceiling. >> reporter: no matter how we got here experts say not raising the debt ceiling would have a huge impact for all of us. >> this -- has no money -- treasure has no money to pay salariesorally social securities. >> reporter: -- salaries or social securities. >> reporter: within days of a default millions of americans wouldn't get government checks, medicare, social security, pay for active duty checks. they could be on hold. >> if we go into default it can't be made. >>> the government has to use their credit card. for every dollar they spend they are only taking in 70 cents in revenue. >> it isn't a license to print new money or spend more money. it is to keep creditors from fining us. >> reporter: default would cause chaos on wall street and that means a impact on your 401(k). justin gray, ktvu channel 2 news. >>> 84-year-old man is asking the public for unusual help. he says he needs a kidney donor. he has to undergo dialysis and no one in his family is a match so he has taken to the street hoping a stranger will meet his need. >> i know oklahomans are generous people and
ceiling. >> reporter: no matter how we got here experts say not raising the debt ceiling would have a huge impact for all of us. >> this -- has no money -- treasure has no money to pay salariesorally social securities. >> reporter: -- salaries or social securities. >> reporter: within days of a default millions of americans wouldn't get government checks, medicare, social security, pay for active duty checks. they could be on hold. >> if we go into default it can't...
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Oct 11, 2013
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the gop wants to deal with the debt ceiling first so the federal government can borrow money to pay its bills. but the president wants to re- open the government first. >> we had a very useful meeting. it was clarifying, i think, for both sides as to where we are. >> reporter: the gop would keep government shut down while opening talks on the budget, obamacare and entitlements like medicare. >> i think what we're looking at is coming together in a reasonable way to say, we'll meet you halfway. >> reporter: in a new approach, john boehner seemed to roll back the demand to stop obamacare. >> i don't want to put anything on or take anything off the table. >> reporter: i talked with eric swalwell. what is the mood there now? >> it's tense. you can see that nobody is happy to preside over a shutdown government. i certainly am frustrated. >> reporter: swalwell says he recently learned more than 7500 contractors at lawrence livermore and sandia national labs will be furloughed in his district without pay on october 18. he says he hopes the impact of the shutdown will help lawmakers forming a c
the gop wants to deal with the debt ceiling first so the federal government can borrow money to pay its bills. but the president wants to re- open the government first. >> we had a very useful meeting. it was clarifying, i think, for both sides as to where we are. >> reporter: the gop would keep government shut down while opening talks on the budget, obamacare and entitlements like medicare. >> i think what we're looking at is coming together in a reasonable way to say, we'll...
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. >> the bottom line is we can't continue down the path we're on of borrowing money to pay our debt. we have to have dollar for dollar cuts. >> key democrats and say the debt ceiling and the tax cuts are unrelated. >> not going to say i'm not going to pay my bills unless you stop buying stuff. so stop buying stuff so you don't have future bills but right now we have to pea the bell for what we incur. i you want to tie it to what we do next, fine. >> the big part of the budget is getting people back to work. >> president obama has said he will not negotiate with congress on whether they should pay their bills. some republicans are now criticizing his fiscal leadership. >> what is really disappointing to me is that the president isn't generating a discussion on his own help has to be dragged kicking and screaming to the table when he have these other big issues like the debt ceiling to get him to talk about it. i wish he would lead. >> after nancy pelosi appeared on national tv it was off to her annual happy new year's celebration in san francisco. she was greeted with a roar of applau
. >> the bottom line is we can't continue down the path we're on of borrowing money to pay our debt. we have to have dollar for dollar cuts. >> key democrats and say the debt ceiling and the tax cuts are unrelated. >> not going to say i'm not going to pay my bills unless you stop buying stuff. so stop buying stuff so you don't have future bills but right now we have to pea the bell for what we incur. i you want to tie it to what we do next, fine. >> the big part of the...
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Oct 10, 2013
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the white house is open to the idea. >> reporter: if a clean bill raising the debt ceiling for six weeks were to hit his desk, he would sign that. >> reporter: the treasury secretary came to capitol hill thursday, to warn lawmakers there would be irrevocable damage to the economy if they fail to raise the debt limit by october 17th. >> reporter: democrats have concerns about another short- term fix. >> for however long it is, five, six weeks, then come thanksgiving, we're going bab -- to be back in the soup again. >> it would lead to negotiations to reopen the government. >> we are meeting the president halfway. and we expect him, in like manner, to respond. >> reporter: hundreds of thousands of federal workers have been off the job, without pay, since october 1st. in washington, danielle nottingham, wjz eyewitness news. >> the house has passed a bill that would provide backpay for all furloughed workers. the senate has not taken up the measure yet. >>> now, stocks surge on the news of a possible resolution to the debt crisis. dow was up 323 points. it is the largest one-day gain this ye
the white house is open to the idea. >> reporter: if a clean bill raising the debt ceiling for six weeks were to hit his desk, he would sign that. >> reporter: the treasury secretary came to capitol hill thursday, to warn lawmakers there would be irrevocable damage to the economy if they fail to raise the debt limit by october 17th. >> reporter: democrats have concerns about another short- term fix. >> for however long it is, five, six weeks, then come thanksgiving,...
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Jan 8, 2013
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the debt ceiling law was established to give treasury the flexibility to borrow chunk of money without going to congress to get approval every time a law was passed. it had nothing to do with spending control or debt control. it was a technicality, most functioning countries don't have any such thing because they understand that if the government spends the money it has to pay the bills. but republicans seem to think the debt ceiling is a good tool to limit how much the government spends. the current ceiling was officially hit on december 31st, but like last time, the u.s. treasury is using extraordinary measures to get through until about mid or late february. if congress doesn't act by then, government may not be able to pay some of its bills, as simple as that. rush, i hope you're taking notes. that's it for me. i'm out. same time tomorrow. you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-dail
the debt ceiling law was established to give treasury the flexibility to borrow chunk of money without going to congress to get approval every time a law was passed. it had nothing to do with spending control or debt control. it was a technicality, most functioning countries don't have any such thing because they understand that if the government spends the money it has to pay the bills. but republicans seem to think the debt ceiling is a good tool to limit how much the government spends. the...
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133
Oct 9, 2013
10/13
by
ALJAZAM
tv
eye 133
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we can't raise the debt ceiling without doing something about what's driving us to borrow more money and live beyond our means. >> the republicans want to talk about these things again i'm ready to head up to the hill and track. i will even spring for dinner again but i'm not going to do it until the more extreme parts of the republican party is issued threats by our economy. families of the fallen who are not receiving their so-called debt benefit of $100,000 when a loved one dies in com in combat. >> i'm ashameded. i'm embarrassed. we all should be. we have americans who have fallen victim to a reality that we cannot sit down and talk to grown ups. >> the deadline to raise the debt ceiling here is growing and so is the debate on what's happening. jonathan teaks a closer look at the impact. >> the shut down means the government is not working put the default -- he's in his checkpoint and just last thursday. the farmers paying loans and also on that very same day the treasury spent $143 billion-dollars just from the thursday. $33 billion-dollars so to pay those bills it porrows money
we can't raise the debt ceiling without doing something about what's driving us to borrow more money and live beyond our means. >> the republicans want to talk about these things again i'm ready to head up to the hill and track. i will even spring for dinner again but i'm not going to do it until the more extreme parts of the republican party is issued threats by our economy. families of the fallen who are not receiving their so-called debt benefit of $100,000 when a loved one dies in com...
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101
Jan 15, 2013
01/13
by
KTVU
tv
eye 101
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government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama said congress needs to pay its bills but republicans want any bills paid to be tied to spending cuts. >> they have two choices, they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >>> and the gop is prepared for a fight saying quote, the consequences of failing to increase the debt ceiling are real, but so too are allowing our spending problem to go unresolved. >>> convenience stores will be busy today. people want to hit the new jackpot drawing, an estimated $62 million. on friday, somebody in orange veil matched all five mumps minus the mug did he -- five numbers minute news the meganumber giving them a $250,000 pay day. >>> it is almost every wear and as a -- everywhere and as a matter of fact looking at highway 4 traffic is slowing down from bay point to concord. traffic is mostly slow and the only good news is we have not had any major crashes but we have had our share of slow traff
government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama said congress needs to pay its bills but republicans want any bills paid to be tied to spending cuts. >> they have two choices, they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >>> and the gop is prepared for a fight saying quote, the consequences of failing to increase the debt ceiling...
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Oct 9, 2013
10/13
by
KPIX
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. >> if the debt ceiling is not raised by october 17, the u.s. runs out of money to pay our bills. economists say that would throw the country right back into recession. danielle nottingham joins us live from washington. a lot of people coming to believe there's really no middle ground here. both sides have dug in and is that the feeling you're getting on the hill? >> reporter: yeah, allen. there was a lot of tough talk today, but nothing has changed. we're right back where we were when this whole thing started. the president refusing to negotiate with house republicans on a spending bill and raising the debt limit. and house republicans saying they won't pass a clean spending bill to re-open the government until democrats sit down and talk to them about other budget issues that they have. so as it stands at this point, both sides not moving on their positions. >> so when you hear words like, surrender, the word ransom was thrown around, the rhetoric getting tougher this week, the tone is changing, and that's not leading you to believe that there's any compromise coming, is there?
. >> if the debt ceiling is not raised by october 17, the u.s. runs out of money to pay our bills. economists say that would throw the country right back into recession. danielle nottingham joins us live from washington. a lot of people coming to believe there's really no middle ground here. both sides have dug in and is that the feeling you're getting on the hill? >> reporter: yeah, allen. there was a lot of tough talk today, but nothing has changed. we're right back where we were...
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127
Jul 25, 2013
07/13
by
KRON
tv
eye 127
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spending cuts, those cuts were triggered by gridlock over the debt ceiling. some senate republicans say they won't raise it unless the president's health care law is gutted. >> reporter: to refine details coming up terret >> pam: ahead at eight. the bay area socialite is found dead inside a home near lake tahoe. plus: an east bay little league is switching fields, after a young boy is bitten by a rattlesnake. we'll tell you where it happened. and the new heir to the british throne now has a royal name. those stories. coming up. look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, youasemldt. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a
spending cuts, those cuts were triggered by gridlock over the debt ceiling. some senate republicans say they won't raise it unless the president's health care law is gutted. >> reporter: to refine details coming up terret >> pam: ahead at eight. the bay area socialite is found dead inside a home near lake tahoe. plus: an east bay little league is switching fields, after a young boy is bitten by a rattlesnake. we'll tell you where it happened. and the new heir to the british throne...
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Oct 12, 2013
10/13
by
KOFY
tv
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the budget and debt ceiling are expected to continue through the weekend fnlt in six days the u.s. will not be able to pay its bills and could default in the debt ceiling is not raised. john boehner offered a plan to raise the debt limit through late november to give more time to negotiate a broader budget deal. the president turned it down. senate republicans presented a more long-term plan. the president didn't agree to it, but the republicans are encouraged by the increase in talks. >> the president listened carefully. he says some of the elements were issues he could work on. it was a good exchange and inconclusive exchange. >> house republicans are expected to reconvene early tomorrow to discuss their next proposal. >> tonight there are problems with the golden gate bridge's automated following system. here is a live look at the golden gate bridge. since the toll takers were removed in march drivers have had to use fast track or they would get a bill in the mail. many people were mailing in payments and the workers could not keep up. hundreds were charged late fees for payment
the budget and debt ceiling are expected to continue through the weekend fnlt in six days the u.s. will not be able to pay its bills and could default in the debt ceiling is not raised. john boehner offered a plan to raise the debt limit through late november to give more time to negotiate a broader budget deal. the president turned it down. senate republicans presented a more long-term plan. the president didn't agree to it, but the republicans are encouraged by the increase in talks. >>...